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FCS ADVISORS, LLC v. MISSOURI

No. 17-3533.

929 F.3d 618 (2019)

FCS ADVISORS, LLC; Brevet Direct Lending-Short Duration Fund, L.P. Plaintiffs-Appellants v. State of MISSOURI; Douglas Nelson Defendants-Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: July 9, 2019.

Attorney(s) appearing for the Case

Julian Dayal , Dean A. Dickie , Megan M. Kokontis , Ryan C. Williams , AKERMAN, LLP, Chicago, IL, John Francis Medler, Jr. , MEDLER LAW FIRM, Saint Louis, MO, for Plaintiffs-Appellants.

Julie Marie Blake , Deputy Solicitor General, Dean John Sauer , ATTORNEY GENERAL'S OFFICE, Jefferson City, MO, Michael Desranleau Quinlan , Assistant Attorney General, ATTORNEY GENERAL'S OFFICE, Saint Louis, MO, for Defendants-Appellees.

Before SMITH, Chief Judge, BENTON and STRAS, Circuit Judges.

An investor loaned $20 million to EngagePoint, Inc., which was the prime contractor on a major software project for the State of Missouri. When Missouri terminated the contract and EngagePoint was unable to repay its debts, the investor sued and claimed that Missouri had fraudulently induced the loan and illegally discriminated...

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